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Italy: Grana Padano - Prices and Production

On this page, you will find:
The Grana Padano's price lines could be explained by the following :
  • seasonal fluctuation of production;
  • the seasonal demand (stronger in winter) and the cheese conservation;
  • export volumes;
  • the new entry on the domestic and international markets of counterfeits or similar products at low prices.

Grana Padano - Aged. 15 months
Wholesale price  (€/kg)
Month 2016 2017 2018 ± on prev.
month.
± % from
2017
January 7,58 8,15 7,35 -2,00% -9,82%
February 7,58 8,14 7,18 -2,30% -11,75%
March 7,56 7,98 7,08 -1,48% -11,29%
April 7,48 7,75 7,11 +0,47% -8,28%
May 7,40 7,68 7,20 +1,29% -6,19%
June 7,33 7,78 7,23 +0,35% -7,07%
July 7,33 7,83 7,18 -0,69% -8,31%
August 7,35 7,83  
September 7,40 7,83  
October 7,54 7,76  
November 7,78 7,60  
December 8,09 7,50  
Average 7,53 7,82 7,19
Variazione¹ % +1,80% +3,77% -8,99%
Last Update:23-07-2018
1) change from the same period of previous year
Source: Milan Chamber of Commerce; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
 
Grana Padano - Aged 9 months
Wholesale price  (€/kg)
Month 2018 2019 2020 ± on prev.
month.
± % from
2019
January 6,35 7,73 7,10 -1,80% -8,09%
February 6,20 7,88 7,10 0,00% -9,84%
March 6,10 7,95 6,95 -2,11% -12,58%
April 6,13 7,95 6,78 -2,52% -14,78%
May 6,23 7,95 6,48 -4,43% -18,55%
June 6,25 7,98 6,16 -4,86% -22,76%
July 6,18 8,00  
August 6,15 8,00  
September 6,27 7,99  
October 6,53 7,84  
November 6,81 7,49  
December 7,20 7,23  
Average 6,37 7,83 6,76
Variazione¹ % -6,44% +23,00% -14,48%
Last Update:29-06-2020
1) change from the same period of previous year
Source: Milan Chamber of Commerce; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
 
Grana Padano - Aged 60-90 days (out of salt)
Wholesale price  (€/kg)
Month 2018 2019 2020 ± on prev.
month.
± % from
2019
January 6,35 7,73 7,10 -1,80% -8,09%
February 6,20 7,88 7,10 0,00% -9,84%
March 6,10 7,95 6,95 -2,11% -12,58%
April 6,13 7,95 6,78 -2,52% -14,78%
May 6,23 7,95 6,48 -4,43% -18,55%
June 6,25 7,98 6,16 -4,86% -22,76%
July 6,18 8,00  
August 6,15 8,00  
September 6,27 7,99  
October 6,53 7,84  
November 6,81 7,49  
December 7,20 7,23  
Average 6,37 7,83 6,76
Variazione¹ % -6,44% +23,00% -14,48%
Last Update:29-06-2020
1) change from the same period of previous year
Source: Milan Chamber of Commerce; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
Production of Grana Padano
Number of wheels  
Month 2005 2010 2015 2016 2017 2018 2019 2020 ± % on
2019
± % on
2018
January 406.697 386.946 437.554 448.038 456.414 472.837 468.126 488.991 +4,5% +3,4%
February 386.545 372.874 411.566 442.728 436.994 449.592 446.582 480.152 +7,5% +6,8%
March 440.157 430.205 466.983 489.840 497.055 507.704 504.197 526.982 +4,5% +3,8%
April 427.590 431.064 457.479 477.127 480.821 490.366 496.110 511.132 +3,0% +4,2%
May 428.397 428.314 454.580 460.722 467.900 475.934 493.998 505.352 +2,3% +6,2%
June 374.792 384.103 421.671 418.839 401.923 404.540 442.645 457.311 +3,3% +13,0%
July 332.474 307.650 352.261 351.729 337.548 353.587 365.416
August 311.018 291.175 337.571 342.758 327.334 297.321 364.920
September 285.043 278.724 318.708 291.253 312.765 287.673 334.364
October 313.926 329.693 356.222 337.888 370.542 363.449 389.448
November 332.614 329.809 364.647 360.643 380.751 373.933 391.618
December 372.609 375.436 422.687 438.027 472.007 456.060 467.335
Jan-Jun 2.464.178 2.433.506 2.649.833 2.737.294 2.741.107 2.800.973 2.851.658 2.969.920
% y-o-y ¹ +17,5% -1,2% +8,9% +3,3% +0,1% +2,2% +1,8% +4,1%
Total Year 4.411.862 4.345.993 4.801.929 4.859.592 4.942.054 4.932.996 5.164.759
% y-o-y ¹ +17,0% -1,5% +10,5% +1,2% +1,7% -0,2% +4,7%
Last Update: 01-07-2020
1) change from the same period of previous year , except for years 2005, 2010, 2015, where the change is from the same period 5 years ago
**: Adjusted for months of 30 days (Ex. The calculation of the production change of June compared to May is obtained by considering [June production] compared to [May production : 31 x 30])
Source: Consorzio per la tutela del Grana Padano
  = Min Production in the last 5 years
  = Max Production in the last 5 years
UK trade data for the period Jan - Apr 2020 are provisional